| Outsourcing is the latest phenomena in today's | | | | the rest of the developing and developed |
| world | | | | economies. The US economy is growing creating |
| The 5 W's of outsourcing are: | | | | new jobs in its wake. According to the ITAA, IT |
| - Who can outsource? | | | | jobs grew in the 2003 and still continue to grow |
| - What can be outsourced? | | | | at a rate of 3% since 2004 and expected to |
| - Why should it be outsourced? | | | | grow at the same pace till 2008. Outsourcing |
| - When do we have to outsource? | | | | offers substantial gains to the US economy |
| - Where do we outsource? | | | | providing cheaper imports and stronger markets |
| Virtually everyone can outsource be it a small, | | | | for exports. Besides offsetting the costs, lowers |
| medium or big business house. Anything related to | | | | the inflationary rates, increases production as well |
| web designing, web development, B2B, B2C to | | | | as lowers the interest rates. Corporate earnings |
| name a few functions that can be outsourced. | | | | and consumers have also benefited from |
| While outsourcing, we generally get a competitive | | | | offshore global outsourcing. |
| edge without investing in infrastructure. It evolves | | | | Outsourcing helps to improve the overall work |
| as the best logical option when we tend to loose | | | | productivity, reduce the operating costs, enhance |
| focus on the main issues while getting tied down | | | | the speed and quality of the services while |
| by the necessary minor business facts. Countries | | | | establishing long term and strategic relationships |
| with a competitive advantage are the best | | | | with their new offshore business partners. United |
| outsourcing destinations. | | | | States of America is definitely benefiting form |
| The United States can really benefit from | | | | outsourcing. However every coin has two sides. |
| outsourcing as they have more opportunities than | | | | |